On February 22, 2024, the Embassy of Japan hosted the 64th Birthday celebration for His Majesty the Emperor of Japan at Palau Royal Resort. Ambassador ORIKASA Hiroyuki welcomed many guests, including His Excellency President Surangel Whipps Jr., Reklai Raphael B., Ngirmang, Bilung Gloria Salii, Honorable Chief Justice Oldiais Ngiraikelau, Members of the OEK, Ministers, Governors, […]
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Palau Bar seeks exemption from Anti-Money Laundering rules, citing client confidentiality
KOROR, Palau – The Palau Bar Association (PBA) is urging lawmakers to exempt attorneys from stringent anti-money laundering (AML) screening and reporting requirements, arguing they conflict with client confidentiality obligations and could stifle investment. In a letter to the speaker of the House of Delegates, the PBA expressed concerns that the requirements under the Money […]
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Maris Stella opens New Language classroom, bolstering Japan-Palau Ties
KOROR, Palau – Maris Stella School celebrated the opening of a new language classroom on Feb. 20, marking a significant step in strengthening ties between Japan and Palau and fostering cultural exchange. The $52,000 classroom, funded by a $40,000 donation from RAM Corporation and a $12,000 contribution from Mr. Katsuo Fuji, principal of the Japanese […]
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Micronesia Paves Way for Digital Transformation at Joint Programme Meeting
KOLONIA, Palikir – Feb 13, 2024 – Representatives from Micronesian governments, UN agencies, development partners, and civil society organizations gathered in Pohnpei on February 12th for the inaugural Multi-Country Programme Steering Committee (MCPSC) meeting. The meeting marked a pivotal step towards coordinating digital transformation efforts across the region and leveraging technology to achieve Sustainable Development […]
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Amidst COFA anxieties, Palau President warns of Chinese influence, reiterates Taiwan Commitment
KOROR, Palau – In the midst of anxieties surrounding the stalled Compact of Free Association CRA (Compact Review Agreement), Palau President Surangel Whipps Jr. addressed concerns about a letter he sent to the US Congress. He clarified it wasn’t a threat but a reminder of the agreement’s timeline and the growing unease within COFA nations. […]
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NDBP President Highlights Key Issues Hindering Palau Development Efforts
KOROR, Palau – During a presentation to the Senate Banking and Commerce Committee on February 15, 2024, Palau National Development Bank President David Proctor outlined five significant challenges impeding the bank’s ability to support the nation’s economic development effectively. Market Imbalance: President Proctor highlighted a “market failure” where most local deposits flow to American banks […]